Jury Impaneled In Kmart Probe

U.S. & LATIN AMERICA - The Nation - In Brief

August 12, 2002

TROY, Mich. -- The U.S. Attorney's Office has impaneled a federal grand jury in Detroit as part of its probe into bankrupt Kmart Corp., and more than 20 subpoenas have been issued for witnesses, bank records and other documents, according to a published report. Investigators want to unravel the facts behind the bankruptcy and determine whether former Chief Executive Chuck Conaway, former President Mark Schwartz or other former executives will face charges. Kmart filed for Chapter 11 bankruptcy protection Jan. 22 after disappointing holiday sales and a fall in the company's stock price.